The movie is Smith’s follow-up to Tusk, which premieres at the Toronto Film Festival in September and is the second installment of Smith’s True North Trilogy, movies which are steeped in Canadian myths and culture.

StarStream Entertainment, which is behind A24’s current release Life After Beth, is financing and producing the film in association with Invincible Pictures, Abolitta Productions and Smith’s SModcast Pictures.

XYZ Films will be selling foreign rights for the film at this year’s Toronto Film Festival while WME Global handling North American rights. (XYZ Films is also handling foreign sales on Tusk.)

Hosers, written by Smith, centers on 15-year-old yoga nuts Colleen Collette (Lily-Rose Depp) and Colleen McKenzie (Harley Quinn Smith) who have an after-school job at a Manitoba convenience store called Eh-2-Zed. When an ancient evil rises from beneath Canada’s crust and threatens their big invitation to a Grade 12 party, the Colleens join forces with a legendary man-hunter from Montreal named Guy Lapointe (Depp) to fight for their lives with, according to the producers, “all seven Charkas, one Warrior Pose at a time.”

Smith, a comic book geek who has written titles for Marvel and DC and who once wrote a Superman movie script, said he considers this his entrey into the comic book movie genre.

"People always ask me, ‘Are you ever going to make a comic book movie?’" Smith said. "This is it — but instead of yet another dude saving the day, our antiheroes are the most feared and formidable creatures man has ever encountered: two fifteen year old girls."

Said StarStream CEO Kim Leadford: “The timing couldn’t be more perfect as so many production companies are struggling to find content to fill a serious void in the market of female superheroes and antiheroes. And, it’s pretty exciting to have their dads making the film with them.”